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Vail Resorts Acquires Northstar-at-Tahoe!

by Heavenly
Oct 25th 2010 - 0 comments

Vail Resorts, Inc. (NYSE: MTN) today announced that it has closed on the acquisition of Northstar-at-Tahoe™ Resort in North Lake Tahoe, Calif., one of the premier mountain resort destinations in North America. Vail Resorts acquired the stock of the companies that operate Northstar-at-Tahoe from Booth Creek Resort Properties LLC and other sellers for total consideration of $63 million. The operations of Northstar-at-Tahoe are conducted on land owned by CNL Lifestyle Properties, Inc. which will be leased to Vail Resorts under a long-term agreement. Vail Resorts now operates two mountain resorts in the Lake Tahoe region, also operating Heavenly Mountain Resort in South Lake Tahoe. The Sierra-at-Tahoe resort is not part of the acquisition and will continue to be operated by Booth Creek.

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The Gambler

by Heavenly
Sep 16th 2010 - 0 comments

Jackpot Terrain Park Debuts ‘The Gambler’ [IMG]http://blog.skiheavenly.com/wp-content/themes/heavenly2009/assets/scripts/timthumb.php?src=wp-content/uploads/2010/04/2010-04-15-10.40.37.jpg&w=200&h=106&zc=1[/IMG]